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Products → Revenue: $298B
Revenue → Cost of revenue: $214B
iPhone → Products: $201B
Cost of revenue → Product costs: $189B
Revenue → Gross profit: $169B
Gross profit → Operating profit: $114B
Operating profit → Net profit: $97B
Services → Revenue: $85B
Gross profit → Operating expenses: $55B
Watch and AirPods → Products: $40B
Operating expenses → R&D: $30B
MacBook → Products: $29B
iPad → Products: $28B
Operating expenses → SG&A: $25B
Cost of revenue → Service costs: $25B
Operating profit → Tax: $17B
Operating profit → Other: $1B
iPhone: $201B
Products: $298B
MacBook: $29B
iPad: $28B
Watch and AirPods: $40B
Revenue: $383B
Services: $85B
Gross profit: $169B
Cost of revenue: $214B
Operating profit: $114B
Operating expenses: $55B
Product costs: $189B
Service costs: $25B
Net profit: $97B
Tax: $17B
Other: $1B
R&D: $30B
SG&A: $25B
created with SankeyArt.com
iPhone
$201B
-2% Y/Y
Products
$298B
-6% Y/Y
MacBook
$29B
-27% Y/Y
iPad
$28B
-3% Y/Y
Watch and AirPods
$40B
-3% Y/Y
Revenue
$383B
-3% Y/Y
Services
$85B
9% Y/Y
Gross profit
$169B
-1% Y/Y
Cost of revenue
$214B
-4% Y/Y
Operating profit
$114B
-4% Y/Y
Operating expenses
$55B
7% Y/Y
Product costs
$189B
-6% Y/Y
Service costs
$25B
13% Y/Y
Net profit
$97B
-3% Y/Y
Tax
$17B
-13% Y/Y
Other
$1B
69% Y/Y
R&D
$30B
14% Y/Y
SG&A
$25B
-1% Y/Y
Apple FY23 Income Statement
2022
Q4
Full Year
2023
Q1
Q2
Q3
Q4
Full Year
2024
Q1
Q2
Q3
Full Year
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